Putnam Circle Condominium

Key facts from Putnam Circle Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium ("creates a condominium")

Legal name

Putnam Circle Condominium

Developer / declarant

ALPHA CAPITAL, LLC

Governing law

Massachusetts General Laws Chapter 183A ("provisions of Massachusetts General Law)

Assessments & dues

Trustees assess common expenses; initial assessments upon conveyance of the first Unit (Section 14(b))

Collections & liens

Lien for common expenses subordinate to first mortgage; foreclosure of first mortgage may extinguish subordinate lien for assessments payable prior to sale; extinguished assessments may be reallocated as common expense (Section 17)

Reserves & fees

adequate reserve fund for maintenance, repair and replacement of those portions of common areas and facilities that must be replaced on a periodic basis (Section 15(d))

Signs & flags

no sign, banner or other device shall be erected or placed upon or attached to the Building, any Unit, or any part thereof (Section 12)

Use restrictions

for residential purposes (Section 11)

Voting & meetings

proportionate to undivided interest in the Common Elements (Section 14(c))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.